Margin Worries Likely To Persist For UltraTech To Shree Cement

Poor pricing power, a slow recovery and rising costs have hurt cement makers’ profitability. Analysts expect the pressure to persist.The industry’s margin narrowed over the last four quarters, with the sharpest contraction for Shree Cement Ltd., as companies could not fully pass on the higher raw material costs to consumers because of tepid demand. That restricted price hikes, and even led to rollbacks.Yet, India’s largest cement mak…